Fundies.
English

SPHERIX INC

EDGAR
AIKI Quarterly report (10-Q) · filed 2026-08-11

Annual consolidated revenue for 2025: about USD 123.1M, using the latest reported figures. The previous period, 2024, was about USD 20.97M.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments
Watchlist

Latest quarter

Revenue

16.8 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

-6.8%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: -1142000 USD Source
  • Revenue: 16789000 USD Source

Operating cash flow

-9.9 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: -38844000 USD Source
  • Operating Cash Flow: -28942000 USD Source
Cash and cash equivalents
25 million USD Source
Exact value

25000000 USD

Long-term debt including current maturities
Not available
Shares outstanding
24.2 million shares Source
Exact value

24243646 shares

Reported share-count change

59.12% · 9.01 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 15235782 shares · 2025-06-30· Source
  • 24243646 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

133 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 50821000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 123104000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 93026000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 35805000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 16789000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-68.9 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: 125210000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -22435000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 109332000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -57358000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: -4979000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

-17 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: -4031000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 882000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 22720000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: -4031000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -28942000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -38844000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -28942000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

427 thousand USD

2023-01-01 – 2023-12-31

Exact inputs and evidence
  • Capital expenditure: 361000 USD · 2023-01-01 – 2023-03-31 Source
  • Capital expenditure: 419000 USD · 2023-01-01 – 2023-06-30 Source
  • Capital expenditure: 361000 USD · 2023-01-01 – 2023-03-31 Source
  • Capital expenditure: 419000 USD · 2023-01-01 – 2023-09-30 Source
  • Capital expenditure: 419000 USD · 2023-01-01 – 2023-06-30 Source
  • Capital expenditure: 427000 USD · 2023-01-01 – 2023-12-31 Source
  • Capital expenditure: 419000 USD · 2023-01-01 – 2023-09-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-11.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 4 of 11 periods available· newest 2023-12-31
  • Total assets: 8 of 11 periods available· newest 2025-12-31
  • Total liabilities: 8 of 11 periods available· newest 2025-12-31
  • Current assets: 7 of 11 periods available· newest 2024-12-31
  • Current liabilities: 7 of 11 periods available· newest 2024-12-31
  • Cash and cash equivalents: 8 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 8 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +487%

    Prior period

    USD 20.97 million

    –

    Current period

    USD 123.1 million

    –

    Exact inputs and evidence

    123104000 − 20971000 = 102133000 USD

    20971000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    123104000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Net income

    −USD 7.73 million

    Prior period

    −USD 14.7 million

    –

    Current period

    −USD 22.44 million

    –

    Exact inputs and evidence

    -22435000 − -14703000 = -7732000 USD

    -14703000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -22435000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Operating cash flow

    +USD 39.45 million

    Prior period

    −USD 16.73 million

    –

    Current period

    USD 22.72 million

    –

    Exact inputs and evidence

    22720000 − -16734000 = 39454000 USD

    -16734000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    22720000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 123.1 million 100% of revenue
  • Operating costs Derived USD 178.83 million 145% of revenue
  • Operating income −USD 55.73 million −45% of revenue
  • Tax, interest and other Derived −USD 33.29 million −27% of revenue
  • Net income −USD 22.44 million −18% of revenue

Cash

  • Operating cash flow USD 22.72 million 18% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Operating loss: operating costs were 1,075% of revenue.
  • 2017 Operating loss: operating costs were 409% of revenue.
  • 2018 Operating loss: operating costs were 24,650% of revenue.
  • 2019 Operating loss: operating costs were 63,267% of revenue.
  • 2023 Operating loss: operating costs were 1,169% of revenue.
  • 2024 Operating loss: operating costs were 141% of revenue.
  • 2025 Operating loss: operating costs were 145% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31877000 9428000 Derived -8551000 -2075000 Derived -6476000 66000 Derived
Source
2017 2017-01-01 – 2017-12-311236000 5058000 Derived -3822000 -516000 Derived -3306000 Unavailable
Source
2018 2018-01-01 – 2018-12-3128000 6902000 Derived -6874000 -8601000 Derived 1727000 -2765000 Derived
Source
2019 2019-01-01 – 2019-12-319000 5694000 Derived -5685000 -1502000 Derived -4183000 Unavailable
Source
2023 2023-01-01 – 2023-12-312039000 23835000 Derived -21796000 1086000 Derived -22882000 -22659000 Derived
Source
2024 2024-01-01 – 2024-12-3120971000 29673000 Derived -8702000 6001000 Derived -14703000 Unavailable
Source
2025 2025-01-01 – 2025-12-31123104000 178830000 Derived -55726000 -33291000 Derived -22435000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 123.1M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.133.0M99.7M66.5M33.2M0.0201520192025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Revenue33000
2016Revenue877000
2017Revenue1236000
2018Revenue28000
2019Revenue9000
2023Revenue2039000
2024Revenue20971000
2025Revenue123104000

Revenue growth

Change in revenue from the same financial period one year earlier.

487% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2,770%2,000%1,230%460%-310%201520192025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2015Year over yearNo prior comparable period
2016Year over year2,557.6%
2017Year over year40.9%
2018Year over year-97.7%
2019Year over year-67.9%
2023Year over yearNo prior comparable period
2024Year over year928.5%
2025Year over year487%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -45.3% 2025
Net margin -18.2% 2025
Free cash flow margin -1,111.3% 2023
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.19,270%-28,225%-75,719%-123,214%-170,708%201520192025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2015Operating margin-157,606.1%
2016Operating margin-975%
2017Operating margin-309.2%
2018Operating margin-24,550%
2019Operating margin-63,166.7%
2023Operating margin-1,069%
2024Operating margin-41.5%
2025Operating margin-45.3%
2015Net margin-155,954.5%
2016Net margin-738.4%
2017Net margin-267.5%
2018Net margin6,167.9%
2019Net margin-46,477.8%
2023Net margin-1,122.2%
2024Net margin-70.1%
2025Net margin-18.2%
2015Free cash flow marginNot reported
2016Free cash flow margin7.5%
2017Free cash flow marginNot reported
2018Free cash flow margin-9,875%
2019Free cash flow marginNot reported
2023Free cash flow margin-1,111.3%
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 22.7M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.26.3M13.3M244.0K-12.8M-25.8M201520192025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Operating cash flowNot reportedNo source recorded
2016Operating cash flow70000
2017Operating cash flow-3272000
2018Operating cash flow-2729000
2019Operating cash flow-3017000
2023Operating cash flow-22232000
2024Operating cash flow-16734000
2025Operating cash flow22720000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -22.7M 2023
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.9M-4.7M-11.3M-17.9M-24.5M201520192025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Free cash flowUnavailableNo source recorded
2016Free cash flow66000
2017Free cash flowUnavailable
2018Free cash flow-2765000
2019Free cash flowUnavailable
2023Free cash flow-22659000
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

38.6% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.59%44%29%15%0%201520192025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2015Liabilities / assets36.1%
2016Liabilities / assets52.8%
2017Liabilities / assets54.2%
2018Liabilities / assets8.7%
2019Liabilities / assets6.6%
2023Liabilities / assets8.1%
2024Liabilities / assets15.4%
2025Liabilities / assets38.6%

Current assets to current liabilities

Current assets divided by current liabilities.

7.44× 2024
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.18.91×14.18×9.46×4.73×0.00×201520192025-12-31
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2015Current assets / current liabilities0.87×
2016Current assets / current liabilities2.36×
2017Current assets / current liabilities1.69×
2018Current assets / current liabilities2.52×
2019Current assets / current liabilities1.51×
2023Current assets / current liabilities17.51×
2024Current assets / current liabilities7.44×
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 6.48 million
Exact value

Exact value: -6476000 USD

2016-01-01 – 2016-12-31: -6476000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 70,000
Exact value

Exact value: 70000 USD

2016-01-01 – 2016-12-31: 70000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 4,000
Exact value

Exact value: 4000 USD

2016-01-01 – 2016-12-31: 4000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 66,000
Calculation and evidence

70000 − 4000 USD

Exact free cash flow: 66000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2017 2017-01-01 – 2017-12-31
−USD 3.31 million
Exact value

Exact value: -3306000 USD

2017-01-01 – 2017-12-31: -3306000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 3.27 million
Exact value

Exact value: -3272000 USD

2017-01-01 – 2017-12-31: -3272000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
USD 1.73 million
Exact value

Exact value: 1727000 USD

2018-01-01 – 2018-12-31: 1727000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 2.73 million
Exact value

Exact value: -2729000 USD

2018-01-01 – 2018-12-31: -2729000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 36,000
Exact value

Exact value: 36000 USD

2018-01-01 – 2018-12-31: 36000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 2.77 million
Calculation and evidence

-2729000 − 36000 USD

Exact free cash flow: -2765000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2019 2019-01-01 – 2019-12-31
−USD 4.18 million
Exact value

Exact value: -4183000 USD

2019-01-01 – 2019-12-31: -4183000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 3.02 million
Exact value

Exact value: -3017000 USD

2019-01-01 – 2019-12-31: -3017000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
−USD 12.34 million
Exact value

Exact value: -12337000 USD

2020-01-01 – 2020-12-31: -12337000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 4.02 million
Exact value

Exact value: -4021000 USD

2020-01-01 – 2020-12-31: -4021000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
−USD 7.17 million
Exact value

Exact value: -7171000 USD

2021-01-01 – 2021-12-31: -7171000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 6.6 million
Exact value

Exact value: -6603000 USD

2021-01-01 – 2021-12-31: -6603000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
−USD 22.11 million
Exact value

Exact value: -22107000 USD

2022-01-01 – 2022-12-31: -22107000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 10.6 million
Exact value

Exact value: -10597000 USD

2022-01-01 – 2022-12-31: -10597000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
−USD 22.88 million
Exact value

Exact value: -22882000 USD

2023-01-01 – 2023-12-31: -22882000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 22.23 million
Exact value

Exact value: -22232000 USD

2023-01-01 – 2023-12-31: -22232000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 427,000
Exact value

Exact value: 427000 USD

2023-01-01 – 2023-12-31: 427000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 22.66 million
Calculation and evidence

-22232000 − 427000 USD

Exact free cash flow: -22659000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2024 2024-01-01 – 2024-12-31
−USD 14.7 million
Exact value

Exact value: -14703000 USD

2024-01-01 – 2024-12-31: -14703000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 16.73 million
Exact value

Exact value: -16734000 USD

2024-01-01 – 2024-12-31: -16734000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
−USD 22.44 million
Exact value

Exact value: -22435000 USD

2025-01-01 – 2025-12-31: -22435000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 22.72 million
Exact value

Exact value: 22720000 USD

2025-01-01 – 2025-12-31: 22720000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

153 filings · 3,445 latest values · 3,452 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000012239, 12239, AIKI, DOMH, SPEX, edgar:12239

Also known as AIKIDO PHARMA INC., AIkido Pharma Inc., Aikido Pharma Inc., BIOSPHERICS INC, DOMINARI HOLDINGS INC., DOMINARI HOLDINGS INC., Dominari Holdings Inc., SPHERIX INC